CHARITY COMMISSION Independent examiner's FOR ENGLAND AND WALES report on the accounts
Section A
independent Examiner's Report
Report to the trustees/ | members of = TiHé LascHe FAMILY CHAdiTAgLE TeusT On accounts for the year Charity no ae ended | Si Male 2004 | (if any) | Nbo8ss Set out on pages [ ) Respective The charity's trustees are responsible for the preparation of the accounts responsibilities of The charity's trustees consider that an audit is not required for this year trustees and examiner under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: * examine the accounts under section 145 of the Charities Act, * to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act. and * to state whether particular matters have come to my attention Basis of independent My examination was carried out in accordance with general Directions given examiner’s statement by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. Independent !n connection with my examination, no material matters have come to my examiner's statement attention fetherthanthatdisclesed- below} which gives me cause to believe that in, any material respect: * accounting records were not kept in accordance with section 130 of the Charities Act or ¢ the accounts do not accord with the accounting records | have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. * Please delete the words in the brackets if they do not apply. Signed: | LE —_—~ | Date: |#/o} (20257 Name: | Qicha@d FaQmte —__es Relevant professional TaustT £ «sae PRACT TOWeR - MEWSEL Of Tut Society oF qualification(s) or body TReuir & ESTAR PeAcNNo wees (if any): Address: AGQDN Fwtmciar PLAuWine& AdUCA £1, Po Box 422, casas, £31 uy
IER
1
December 2017
Section B
Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners)
Give here brief details of | any items that the | examiner wishes to | disclose. |
| | | |
IER
2
December 2017
Trustees’ Annual Report for the period
From 1 April 2023 Period start date To date
31 March 2024 Period end
Charity name: The Rasche Family Charitable Trust
Charity registration number: 1160855
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The objects of the Trust are for the public benefit to advance such exclusively charitable purposes (according to the law of England and Wales) as the Trustees see fit from time to time including (but without limiting the generality of the foregoing) to make grants to: - Advance education; - Advance health; and - To relieve those in need by reason of ill health or disability |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
The Trustees have agreed to continue to support the two key Charities that the settlor and his family know well and have supported for several years. These are: The On Course Foundation, which helps severely injured current and past service personnel rehabilitate through golf; African Revival, which builds schools and supports other educational and community needs in rural Africa. For several years the Trustees have also supported Caring for Life a local Christian charity that cares for vulnerable people by providing accommodation and ongoingsupport. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The Trustees confirm that they have complied with their duties to give due regard to the Charity Commission’s guidance to charities on public benefit. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | |
|---|---|
| Para 1.38 | |
| Policy on grant making |
Page | 1
Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | During the financial year, grants totalling £60,000 were made. The Charities which received donations were: • The On Course Foundation (Charity Number 1136618) Supporting the recovery of injured and sick Service personnel and veterans through nationwide golf events and employment in the golf industry. • African Revival (Charity Number 1108718) Transforming schools in Africa into effective, thriving teaching and learning environments. • Caring For Life (Charity Number 1174982) Helping homeless or vulnerable people by providing accommodation, ongoing support, and friendship. • The Principle Trust Children’s Charity (Charity Number 1141546) which helps disabled children and families have some respite / holiday. • Zarach (Charity Number 1179539) Providing help and support to children and families who live in poverty. • Skipton Baptist Church (Charity Number 1181773) To be used with the foodbank service which they provide to those who suffer from food poverty. • Maggie’s Yorkshire – (Charity Number SC024414) To be used to help people |
Page | 2
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affected by cancer from across
Yorkshire.
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Additional information (optional)
You may choose to include further statements where relevant about:
Achievements against Para 1.41
objectives set
Performance of fundraising
activities against objectives Para 1.41
set
Investment performance Para 1.41
against objectives
Other
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Page | 3
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The Trustees consider the financial position of the Charity to be satisfactory. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The Trustees have decided not to hold reserves on the basis that the charity has no overheads and recognises grants at the time of approval, rather than when the grant is paid, which ensures that the trustees can honour the grants that they have decided to award. The Trustees keep their position on reserves under review. |
| Amount of reserves held | Para 1.22 | nil |
| Reasons for holding zero reserves |
Para 1.22 | See above |
| Details of fund materially in deficit |
Para 1.24 | n/a |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | n/a |
Additional information (optional) You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | The Trustees consider the financial position of the Charity to be satisfactory. The Trustees have the power to invest in such assets as we see fit. Funds have been placed with Handelsbanken and all funds held are unrestricted. During the year capital has been invested in cautious managed funds to try and increase the interest earned. Funds are also held in a private equity fund to increase returns. The Trustees met three times during theyear to formallydiscussgrant applications. |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Page | 4
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Trust Deed |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Trust |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | The power of appointing new or additional Trustees is vested in the Settlor during his lifetime and thereafter to the present Trustees. Every new Trustee must sign a declaration of willingness to act as a Trustee of the Charity before he or she may act as a Trustee. |
Additional information (optional) You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | The Trustees had initial training on responsibilities and charitable governance provided by Wrigleys Solicitors charity specialists. |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | The Trust Deed provides for a minimum of 3 Trustees, to a maximum of 8 Trustees, or a sole corporate Trustee. The Trust Deed also provides that the Trustees must hold at least one meeting a year. |
| Relationship with any related parties |
Para 1.51 | |
| Other | The Trustees met three times during the year to formally discuss grant applications which are reviewed by one or more of the Trustees initially and a shortlist drawn up each quarter. At one meeting, the Trustees also confirmed the strategy of distributing roughly £60,000 of the capitalgrantper annum. |
Reference and Administrative details
| Charityname | The Rasche FamilyCharitable Trust |
|---|---|
| Other name the charity uses | |
| Registered charitynumber | 1160855 |
Page | 5
| Charity’s principal address | Wrigleys Solicitors LLP 3rd Floor 3 Wellington Place Leeds LS1 4AP |
|---|---|
Names of the charity trustees who manage the charity
| 1 2 3 4 5 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| David Anthony Rasche |
Chairman | |||
| Michelle Louise Connolly |
||||
| Christopher Mark Rasche |
||||
| Lynsey Helen Robinson |
||||
| Diane Rasche |
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and
Page | 6
frrm the chwivs o assets Addltlonal Inlorniatlon (optl<>nal) Names and addr•88•8 of advls•rd (Optlonal Inforn)atlonl Typ• ol Nam• Addr•s• dvls•r SolKItOf Wfl8leys Solicitors LLP 3rd Floor, 3 Welllngton Place, leeds LSI 4AP Floor 7, 145 Vlncent Street, Gla4cw. G2 SJF and PO 80x922, Leeds LSJ 9WY Gener•1 brdn Prlvate Client SeryKes Nam• of chl•f •x•cutlv• or nam•s of 8•nlor $t•ff m•rnb•r¥ (Optional Inlorniatlon) Exemptions from disclosure Reas lor ncfrdisclosur8 ol ke Other o tional infonnation Declaratlons Th• trui••s dKlare that th•y hav• approv the trust••s' r•port abov•. SIgn on b•half of lh• charfty's trusl••s 819natur•(s) Full nam•l$) Po$bllon (•g S•cr•tary, Chalf. •tc) 4 Rll SLHE Dat• l8. 1-2 Pa8•17
The Rasche Family Charitable Trust – Chairman Report
The past year was good financially for the charity, as interest rates increased and investments showed decent returns. This allowed us to continue with our policy of granting an amount of around 6% of our assets, without much diminishing our capital. Thus, we granted £60,000 this year.
We continue to grant to our main charities and to some local ones where we can see the results of those grants and visit the teams involved with their beneficiaries.
The trustees review incoming grant requests and may agree to grant to new or previously engaged charities if we feel we have funds available, and their request meets our criteria.
We met three times during the year and discussed any relevant governance matters as well as potential grants. We agreed to continue with our previous policies. The trustees take no fees or expenses and give their time and advice voluntarily
David A Rasche Chair of Trustees
| CC16a 1160855 The Rasche Family Charitable Trust Receipts andpayments accounts 01/04/2023 31/03/2024 To For the period from ~~=e~~ |
CC16a 1160855 The Rasche Family Charitable Trust Receipts andpayments accounts 01/04/2023 31/03/2024 To For the period from ~~=e~~ |
CC16a 1160855 The Rasche Family Charitable Trust Receipts andpayments accounts 01/04/2023 31/03/2024 To For the period from ~~=e~~ |
CC16a 1160855 The Rasche Family Charitable Trust Receipts andpayments accounts 01/04/2023 31/03/2024 To For the period from ~~=e~~ |
CC16a 1160855 The Rasche Family Charitable Trust Receipts andpayments accounts 01/04/2023 31/03/2024 To For the period from ~~=e~~ |
CC16a 1160855 The Rasche Family Charitable Trust Receipts andpayments accounts 01/04/2023 31/03/2024 To For the period from ~~=e~~ |
CC16a 1160855 The Rasche Family Charitable Trust Receipts andpayments accounts 01/04/2023 31/03/2024 To For the period from ~~=e~~ |
CC16a 1160855 The Rasche Family Charitable Trust Receipts andpayments accounts 01/04/2023 31/03/2024 To For the period from ~~=e~~ |
||
|---|---|---|---|---|---|---|---|---|---|
| Section A Receipts and payments | |||||||||
| Unrestricted funds |
Restricted funds |
Endowment funds |
Total funds | Last year | |||||
| to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts HMRC Repayment - - - - - HMRC Reapayment Supplement - - - - - Handelsbanken Gross Bank Interest 4,502 - - 4,502 2,129 Rathbone Investment Management 15,951 - - 15,951 16,794 B/O YFM EquityPartners 62,980 - - 62,980 6,702 - - - - - - - - - - - - - - - Sub total(Gross income for AR) 83,433 - - 83,433 25,625 A2 Asset and investment sales, (see table). Sales Proceeds 73,509 - - 73,509 122,542 Equalisationpayments 65 - - 65 113 Sub total 73,574 - - 73,574 122,655 Total receipts 157,007 - - 157,007 148,280 ~~=== ====~~ ~~——————~~ |
|||||||||
| A3 Payments | |||||||||
| Donations | 60,000 | - | - | 60,000 | 60,000 | ||||
| Governance - Wrigleys | 2,580 | - | - | 2,580 | 1,320 | ||||
| Governance - abrdn Private Client | |||||||||
| Services | - | - | - | - | 1,800 | ||||
| Investment Management Costs - | |||||||||
| Rathbone Management | 5,175 | - | - | 5,175 | 5,336 | ||||
| Handelsbanken Charges | - | - | - | - | - | ||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| **Sub total ** | 67,755 | - | - | 67,755 | 68,456 | ||||
| A4 Asset and investment purchases, (see table) - - - - Rathbone Investment Management (Investments) 83,801 - - 83,801 100,037 Sub total 83,801 - - 83,801 100,037 Total payments 151,556 - - 151,556 168,493 Net of receipts/(payments) 5,451 - - 5,451 - 20,213 A5 Transfers between funds - - - - - A6 Cash funds last year end 230,679 - - 230,679 250,892 Cash funds this year end 236,130 - - 236,130 230,679 ~~—=====~~ ~~===——~~ |
- 20,213 - 250,892 230,679 |
CCXX R1 accounts (SS)
17/01/2025
1
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